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you go back before president ronald reagan came to washington we have higher tax rates on the incomes savings and economists have been arguing for ever that it is the wrong way to go that it discourages, sitting and discouraging investment and overtime they've come down to the state to go back in the direction of putting heavier burdens. >> what about the notion. that's just a heavy left isn't it? stat it's exactly the same rhetoric and the same politics base broadening, lowering tax reform coming you saw in the recent presidential campaign we have a candidate running on the 20% rate and 25% rate you might think in washington that means we are going to end at 26.5 until you try to figure out how to pay for it, and the politicians will talk about rolling back loopholes but when you actually look at them that tax policy decisions that have been made about the depreciation and manufacturing and the energy industry all of which have significant constituencies behind them and all of which are difficult to address. islamic of course we haven't had a whole lot of folks at least i've heard of
you go back before president ronald reagan came to washington we have higher tax rates on the incomes savings and economists have been arguing for ever that it is the wrong way to go that it discourages, sitting and discouraging investment and overtime they've come down to the state to go back in the direction of putting heavier burdens. >> what about the notion. that's just a heavy left isn't it? stat it's exactly the same rhetoric and the same politics base broadening, lowering tax...
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art laugher, former economic advisor to president ronald reagan with me today. art, good morning to you and welcome back. >> how are you, bill? bill: doing fine. thank you for your time. i look at some issues share with producers today. you say this is really serious and you underscore that. everybody considers it serious. you worked at the white house. you were in on these meetings. is this a forum for negotiation or is this -- what happens? >> it is a little talking to. they will both come in with their sides, their positions. there will be some sort of testing of the waters. we will see how responses are afterwards. we'll see aggressive play. then you will see which side starts giving in. we'll be following that in the next couple weeks. but obama has made it very clear, he believes he has a mandate but he really doesn't. he only got barely over 50% of the vote. reagan got 59% of the vote in his second term. the nixon won everything except massachusetts. so this is by no means a mandate. republicans still control the house. bill: let me be a little more speci
art laugher, former economic advisor to president ronald reagan with me today. art, good morning to you and welcome back. >> how are you, bill? bill: doing fine. thank you for your time. i look at some issues share with producers today. you say this is really serious and you underscore that. everybody considers it serious. you worked at the white house. you were in on these meetings. is this a forum for negotiation or is this -- what happens? >> it is a little talking to. they will...
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. >> ronald reagan said, i will not hold your youth and inexperience against you. >> i will pass that onto luke. >> you are talking about the diversity about the democratic caucus in which you lead in the house. it is a new thing at least that there is not a straight, white male majority in this caucus. and i wonder, you know, the republican party, won a larger majority of the white vote which they were bragging about today in terms of what went right for them in this election which they lost. they lost all minority groups by large margins. when you look at your group and you have that momentous change, what do you say to people who look at that change and think i'm not sure i'm happy about the fact that there is a -- in the democratic caucus? >> i haven't met anybody like that yet. >> but let's say i would say everybody is talking about how we can appeal to these people to vote for us and we are saying no, we want to go beyond that. we want them to represent us. so it is not about we need your vote this is an election day alliance, we want you to have a seat at the table. it is not t
. >> ronald reagan said, i will not hold your youth and inexperience against you. >> i will pass that onto luke. >> you are talking about the diversity about the democratic caucus in which you lead in the house. it is a new thing at least that there is not a straight, white male majority in this caucus. and i wonder, you know, the republican party, won a larger majority of the white vote which they were bragging about today in terms of what went right for them in this election...
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you need to be in had you a position and ronald reagan negotiated this way beautifulliy multiple times. boehner has to say this guy is crazy he will take us over the cliff and we have the worst possible case, we have to cut that deal. the deal at best is going to get half the republicans and a little more than haf the democrats. the president has to make sure he keeps his democrats in the tent because they are not going to be happy with some of the elements of change and we have seen a coalition of labor and liberals saying no way. >> so, in the nitty-gritty before we get to entitlements. what if -- would it be better if we increase taxes on a larger group of people everybody making over 250,000 by a smaller amount or increasing taxes on a smaller group making more than a million and go up to 39.6%. what is more likely to happen? >> it's more likely to be the former than the latter. i must tell you jennifer, i don't much care, you have to get that revenue target. the president said 1.6 trillion. you probably end up compromising at 1.2 trillion from taxes. you have to figure out what yo
you need to be in had you a position and ronald reagan negotiated this way beautifulliy multiple times. boehner has to say this guy is crazy he will take us over the cliff and we have the worst possible case, we have to cut that deal. the deal at best is going to get half the republicans and a little more than haf the democrats. the president has to make sure he keeps his democrats in the tent because they are not going to be happy with some of the elements of change and we have seen a...
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reagan was with the blowing up of the u.s. marine in beirut. >> shep: this just one of several hearings that were underway today. each focused on what went wrong in benghazi. katherine herrage live. it's my understanding that within the hour, we've learned some members of congress viewed a video of that attack happening in benghazi. >> the intelligence community put together a half hour video, composite from multiple video sources that shows the minutes before the attack, the militants overrunning the consulate, and the second wave of mortars that struck the c.i.a. annex. >> i mean, it's just so obvious to be so obvious to any inexperienced individual that this was purely a terrorist attack. >> fox news has told the c.i.a. is launching a preliminary investigation into the former director's conduct. the issue is whether any c.i.a. resources were used to facilitate the alleged affair between petraeus and his biographer, paula broadwell. the f.b.i. is already concluded that the former director was not the source of the classified
reagan was with the blowing up of the u.s. marine in beirut. >> shep: this just one of several hearings that were underway today. each focused on what went wrong in benghazi. katherine herrage live. it's my understanding that within the hour, we've learned some members of congress viewed a video of that attack happening in benghazi. >> the intelligence community put together a half hour video, composite from multiple video sources that shows the minutes before the attack, the...
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it was interesting he quoted ronald reagan on the floor yesterday to point out social security has nothing to do with the deficit or balancing budgets, payroll tax that employers and employees pay into the trust fund that finances that and it should not even be discussed in these negotiations. but furthermore, this whole election, this whole national election was a referendum on the republicans' ideas expressed so well by mitt romney by the way yesterday afternoon when he talked about with such contempt for people who might need college loans, or health care, god forbid. and, you know, this election showed americans are completely opposed to the proposed reforms by the republicans on medicare and social security. they don't want entitlements changed or touched. and they want to see the top 2% pay some taxes. like they did in the clinton era. so if their elected representatives come in and within a week they're talking about changing entitlements and not raising taxes on the very rich, it's not just liberals who will be disappointed. this is whole country here that are behind what obama and
it was interesting he quoted ronald reagan on the floor yesterday to point out social security has nothing to do with the deficit or balancing budgets, payroll tax that employers and employees pay into the trust fund that finances that and it should not even be discussed in these negotiations. but furthermore, this whole election, this whole national election was a referendum on the republicans' ideas expressed so well by mitt romney by the way yesterday afternoon when he talked about with such...
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ronald reagan's second term. my heart and my best intentions still tell me that's true, but the facts and the evidence tell me it is not. >> the iran contra affair. bill clinton. >> i did not have sexual relations with that woman. impeached after the lewinsky mess. . that's trouble for roughly 100% of reelected presidents since 1972. enough to give you second thoughts about that second term. so, is there anything the obama team can do to prevent this? now, as bill clinton might say -- >> it depends upon what the meaning of the word is. >> the fact is, if there is going to be a second term scandal, it's seeds were probably sewn in the first term. the watergate break in, nixon's first term -- >> if the obama team was going to mess up, history suggests they already did. maybe it's something that has made headlines already, but maybe not, the lewinsky scandal didn't surface in 1998, maybe the obama administration will make it's own history and avoid a second term scandal. if not, disney world will seem very appealing
ronald reagan's second term. my heart and my best intentions still tell me that's true, but the facts and the evidence tell me it is not. >> the iran contra affair. bill clinton. >> i did not have sexual relations with that woman. impeached after the lewinsky mess. . that's trouble for roughly 100% of reelected presidents since 1972. enough to give you second thoughts about that second term. so, is there anything the obama team can do to prevent this? now, as bill clinton might say...
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reagan was with the blowing up of the u.s. marine in beirut. >> brian: was there conflict -- put it this way, let's compare what george bush did, the administration knew and what we found out on 9-11 compared to what we fine out in 9-11, 2012. within 24 hours we knew who did it. within a week or so we found out we were mobilizing against it. no one was in conflict about who did the crime. no one said this was an internal attack, the towers fell down by themselves or an outrageous protest about our middle east policy. there was a movement together to get answers together where you had a movement that was totally fractured and a president who wouldn't answer any questions before the campaign. >> eric: let's take a couple months back, this was september 10, september 9, 8. remember we were talking president obama campaigning, instead of staying in the oval office getting intel briefings. remember, he houston, texas been to an intel briefing in months. everyone said don't worry action he'll get it on air force one or wherever he i
reagan was with the blowing up of the u.s. marine in beirut. >> brian: was there conflict -- put it this way, let's compare what george bush did, the administration knew and what we found out on 9-11 compared to what we fine out in 9-11, 2012. within 24 hours we knew who did it. within a week or so we found out we were mobilizing against it. no one was in conflict about who did the crime. no one said this was an internal attack, the towers fell down by themselves or an outrageous protest...
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my god, you would have thought that i had knocked over a bust of ronald reagan. i'm not done. i've got a long list here. >> that's your problem. >> this is not about me. this is important to say. nobody was saying this, and they weren't saying this for a reason. right after the convention. i did a series of tweets, huffington post mutt it uput it they said romney's team's in trouble. they need to turn it around. it's slipping out of their grip quickly. they're in trouble. then finally the libyan press conference that he gave that was such a disaster, the next morning, i went out, i said, this is the worst thing, mark stein at "national review" and all these other people went crazy talking about how i was a rhino and i was this. it was stupidity. then they decided to come at us saying we doctored a tape and obsessed for a week over two seconds where we felt they said ryan, they thought they said romney. so while all of these conspiracy theories are spewing on the right and the conservative entertainment complex, barack obama's team is organizing. and they're targeting. and inst
my god, you would have thought that i had knocked over a bust of ronald reagan. i'm not done. i've got a long list here. >> that's your problem. >> this is not about me. this is important to say. nobody was saying this, and they weren't saying this for a reason. right after the convention. i did a series of tweets, huffington post mutt it uput it they said romney's team's in trouble. they need to turn it around. it's slipping out of their grip quickly. they're in trouble. then...
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ronald reagan like barack obama inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. instead of jacking up taxes, he slashed taxes. instead of exploding spending and the debt, he restrained the growth of spending and instead of unleashing the hounds of regulators, by the way, when i think of regulators, i can't help thinking of mr. burns saying "release the hounds!" [laughter] >> instead of releasing the hounds of regulators on small businesses and entrepreneurs, reagan limited regulation and the result was one of the most extraordinary bursts of economic productivity our nation has ever seen. the fourth year of reagan's presidency was 1984, the same as the fourth year of obama's presidency. anyone know what g.d.p. growth was in 1984, 7.2%. our ideas work. their ideas don't. if you want growth, if you want jobs. if you want the 23 million people struggling to find work to get jobs, the answer is simple. you need growth and to get growth, you got to reduce and simplify the tax burden, reduce regulatio
ronald reagan like barack obama inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. instead of jacking up taxes, he slashed taxes. instead of exploding spending and the debt, he restrained the growth of spending and instead of unleashing the hounds of regulators, by the way, when i think of regulators, i can't help thinking of mr. burns saying "release the hounds!" [laughter] >> instead of releasing the hounds of regulators on...